Difference between revisions of "Offshore Business - Pay Low Tax"

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Revision as of 05:51, 22 October 2024

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If you claim 5 personal exemptions, your taxable income is reduced another $15 thousand to $23,500. Your income tax bill is most likely to be approximately 3200 dollars.

The Tax Reform Act of 1986 reduced finest rate to 28%, at the same time raising the underside rate from 11% to 15% (in fact 15% and 28% became single two tax brackets).

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And given that you know some taxpayer rights, you're able to start lowering your taxes by downloading a complimentary tax organizer for individuals and owners here.

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